Home Information Packs (HIPs) - Information
What is a Home Information Pack (HIP) and why do I need one?
The Government has introduced Home Information Packs (HIPs) as part of wider reforms to cut carbon emissions from homes and improve the process of buying and selling properties
A Home Information Pack (HIP) basically brings the conveyancing information to the forefront of the transaction, such as its energy efficiency, boundary ownership and approved planning permissions, it is hoped that this will reduce the abortive rate currently at about 30%
Home Information Packs are now required for all residential properties, including new buildings coming to the market with the following exceptions:
- Properties where there is no marketing
- Non-residential properties
- Seasonal and holiday accommodation
- Mixed sales (shop with flat)
- Right to buy and similar sales
- Sales of portfolios of properties
- Properties not being sold with completely vacant possession
- Unsafe properties and properties to be demolished
For more information about whether your property requires a HIP or you would like a Homecheck EPC please contact Rainbow Energy
Frequently asked questions
When Is A Home Information Pack required?
If a property is being marketed privately or by an agent then a HIP must be commissioned before marketing can begin. However, if you transfer the property directly you should not require a Home Information Packs (HIPs), please call or contact us for confirmation.
Where can I buy my Home Information Pack?
You are at the right place, please contact us!
What goes in a HIP?
The following documents are now mandatory and must be included in a Home Information Pack:
- Home Information Pack Index
- Energy Performance Certificate
- Sale statement Standard searches
- Evidence of title
- Additional information for leasehold and common hold sales, where appropriate.
You can also include other documents such as a Home Condition Report, an environmental or flood risk search and other information that would be of interest to a potential buyer as defined in the regulations, please call us for further information.
Are HIPs required across the UK?
No - only in England and Wales
Should I buy my HIP through my Estate Agents?
Not necessarily it always pays to order your Home Information Pack independently, having your own HIP could help negotiate a better fee.